REI INK

ICE First Look at Mortgage Performance

Mortgage Delinquencies Continue to Slowly Rise with FHA Performance in the Spotlight Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, reports the following “first look” at February 2025 month-end mortgage performance statistics derived from its loan-level database representing the majority of the national mortgage market. Data as of Feb. 28, 2025Total U.S. loan delinquency rate (loans 30 or more days past due, but not in foreclosure):

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Sibi Welcomes Marcus Ridgway to Board of Directors, Leading Innovation in Real Estate and Supply Chains

Sibi, the platform redefining supply chain technology, is proud to announce the addition of Marcus Ridgway to its Board of Directors. Known for reshaping real estate investment through his current initiatives at Forever 6 and BLVD Homes, Ridgway’s visionary approach to optimizing operations aligns with Sibi’s commitment to streamlining procurement and asset management. As the former COO and co-founder of Invitation Homes (NYSE: INVH) and co-founder of Roots Management, Ridgway has a proven

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Kiavi Named “Best Real Estate Investment Platform” by FinTech Breakthrough

Tech-enabled lender recognized by prestigious awards program for its unique application of data, AI/ML models, and technology to revolutionize the financing experience for real estate investors nationwide Kiavi, a leading tech-enabled capital provider to residential real estate investors, announced it won the “Best Real Estate Investment Platform” award in the 9th annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies, and products

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HOME FLIPPING DECLINES AGAIN ACROSS U.S. IN 2024 AS PROFITS REMAIN LOW

Flipping Activity by Investors Drops for Second Straight Year, Down 32 Percent Over That Time; Investment Returns Inch Upward but Still Sit Near Low Point Over Past Decade; Almost Two-Thirds of Flipped Homes Purchased with Cash ATTOM, a leading curator of land, property data, and real estate analytics, released its year-end 2024 U.S. Home Flipping Report, which shows that 297,885 single-family homes and condos in the United States were flipped in 2024. That

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Brent Houston, Founding Member and Chief Operations Officer at ARDRI, Pioneers a New Era in Mortgage Banking Innovation

Bridging Technology and Finance to Streamline Non-QM and Business Purpose Lending ARDRI, the leader in intelligent non-QM and Business Purpose lending solutions, is proud to announce the leadership of Brent Houston, a seasoned industry veteran and founding member who now serves as Chief Operations Officer. Houston has over 30 years of diverse experience in mortgage banking, real estate, asset management, and portfolio lending. His extensive entrepreneurial background uniquely positions him

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Redfin Reports Home Prices Are Rising Fast in the Midwest

Home prices in Milwaukee jumped 20% year over year in February, a bigger increase than any other major U.S. metro. Nationwide, prices rose 3%, and pending sales fell the most since 2023. The Midwest is home to three of the five metro areas where home prices are rising fastest, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. In Milwaukee, the median home sale price rose a record 20%

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